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Ares Hires Merrill Leveraged Finance Executive (New York Times)
Ares Management said on Wednesday that it has hired Greg Margolies, a former Merrill Lynch leveraged finance executive, as the head of the investment firm’s capital markets group.
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Shoppers Drug Says Finance Chief Halatsis Will Leave (Update1) (Bloomberg)
Jan. 7 (Bloomberg) -- Shoppers Drug Mart Corp. , Canada’s largest pharmacy chain, said Chief Financial Officer George Halatsis will leave to pursue another opportunity and named a senior finance executive to replace him.
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Ares Hires Merrill Leveraged Finance Head Margolies (Update2) (Bloomberg)
Jan. 7 (Bloomberg) -- Greg Margolies , the head of leveraged finance at Merrill Lynch & Co., joined Ares Management LLC, as bankers join private-equity firms amid a slowdown in buyouts.
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UK's finance minister says country 'far from through' downturn: report (AFP via Yahoo! News)
British finance minister Alistair Darling said in an interview Wednesday that "we are far from through" the economic downturn, a sign that he will revise his forecast that recovery will begin in mid-2009.
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Ares Hires Merrill Leveraged Finance Head Margolies (Update1) (Bloomberg)
Jan. 7 (Bloomberg) -- Greg Margolies , the head of leveraged finance at Merrill Lynch & Co., joined private-equity firm Ares Management LLC. Margolies, 42, will be a senior partner and head of the capital markets group, according to a statement today from the Los Angeles-based investment firm.
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Malaysia lacks Islamic finance talent: Centre (Business Times (Malaysia))
MALAYSIA still lacks talented staff in the Islamic finance sector, says International Centre for Education in Islamic Finance (Inceif) chief academic officer Prof Datuk Dr Syed Othman Alhabshi.
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Senate Finance Committee Chairman Baucus Releases Statement on Developments in TARP Program (Nasdaq)
(RTTNews) - Senate Finance Committee Chairman Max Baucus released a statement Wednesday on developments in Troubled Assets Relief Program oversight efforts as reported in a letter to the Finance Chairman from Neil Barofsky, Special Inspector General of the TARP program.
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G20 finance ministers to meet on March 14-UK's Darling (Reuters via Yahoo! Singapore News)
LONDON, Jan 7 (Reuters) - Group of 20 finance ministers will gather in Britain on March 14 for a meeting to lay the groundwork for a leaders' summit on April 2, British finance minister Alistair Darling said on Wednesday.
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G20 finance ministers to meet on March 14 - Darling (Reuters via Yahoo! UK & Ireland News)
Group of 20 finance ministers will gather in Britain on March 14 for a meeting to lay the groundwork for a leaders' summit on April 2, Chancellor Alistair Darling said on Wednesday.
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G7 finance ministers to meet on Feb 14 (Reuters via Yahoo! Malaysia News)
Jan 7 (Reuters) - Finance ministers and central bankers from the Group of Seven rich nations club will meet in Rome for their regular meeting on Feb 14, a G7 source told Reuters, as the world suffers its worst financial crisis in living memory.
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